New Jersey Superior Court Appellate Division October 16, 2000 (Vuarnet Footwear, Inc. v. Sea-Rail Services Corp.)

The opinion of the court was delivered by

PRESSLER, P.J.A.D.

Plaintiff Vuarnet Footwear, Inc., an importer and wholesaler of sneakers, brought this action against defendant Royal Insurance Company of America, seeking to recover the value of a container of merchandise shipped to it from Indonesia and lost in transit during the final leg of its journey — from the bonded warehouse in Seeaucus to